The Lovesac Co (The Lovesac Co) Total Current Liabilities : $106.4 Mil (As of Jan. 2024)

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What is The Lovesac Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Lovesac Co's total current liabilities for the quarter that ended in Jan. 2024 was $106.4

The Lovesac Co Total Current Liabilities Historical Data

The historical data trend for The Lovesac Co's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Lovesac Co Total Current Liabilities Chart

The Lovesac Co Annual Data

Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24

Total Current Liabilities

Get a 7-Day Free Trial 32.40 56.32 114.70 82.04 106.36

The Lovesac Co Quarterly Data

Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24

Total Current Liabilities Get a 7-Day Free Trial 82.04 96.92 97.34 105.91 106.36

The Lovesac Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

The Lovesac Co's Total Current Liabilities for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 80.471 + 17.628

+ Other Current Liabilities + Current Deferred Liabilities

= -1.4210854715202E-14 + 8.257

= 106.4

The Lovesac Co's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 80.471 + 17.628

+ Other Current Liabilities + Current Deferred Liabilities

= -1.4210854715202E-14 + 8.257

= 106.4

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

The Lovesac Co Total Current Liabilities Related Terms
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The Lovesac Co (The Lovesac Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » The Lovesac Co (NAS:LOVE) » Definitions » Total Current Liabilities

Comparable Companies

NCL HOFT HBB COOK SNBR BSET LCUT FLXS PRPL VIRC SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK

Traded in Other Exchanges

N/A

Address

Two Landmark Square, Suite 300, Stamford, CT, USA, 06901

Website

https://www.lovesac.com

The Lovesac Co designs, manufactures and sells alternative furniture which is comprised of modular couches called sactionals and premium foam beanbag chairs called sacs. It also offers other accessories such as sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables and ottoman. Its products are sold across the United States through its website or company-owned retail stores which are used in homes and offices. Majority of the firm's revenue gets derives from the sale of Sactionals.

Executives

Andrew R Heyer director, 10 percent owner 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019

Shawn David Nelson director, officer: Chief Executive Officer 2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820

Satori Capital, Llc 10 percent owner 2501 N. HARWOOD ST., 20TH FLOOR, DALLAS TX 75201

Keith R. Siegner officer: EVP and CFO TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901

Vineet Mehra director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013

Sharon M Leite director 100 PIER 1 PLACE, FT. WORTH TX 76102

Shirley Romig director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901

Albert Jack Krause director, officer: President and COO 2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820

Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212

Mary Fox director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901

Mistral Equity Partners, Lp 10 percent owner 650 FIFTH AVENUE, 31ST FLOOR, New York NY 10019

Mistral Sac Holdings, Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019

Jared Rubin director 4300 E. FIFTH AVE., COLUMBUS OH 43219

Sac Acquisition Llc 10 percent owner 700 CANAL STREET, 4TH FLOOR, STAMFORD CT 06902

Donna Dellomo officer: Executive VP and CFO 35 SAWGRASS DRIVE, SUITE 2, BELLPORT NY 11713

The Lovesac Co (The Lovesac Co) Headlines

From GuruFocus

The Lovesac Company Investors With Large Losses Should Contact Securities Law Firm Robbins LLP About Their Rights and Remedies Against LOVE
By Business Wire • 01-02-2024

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against The Lovesac Company (LOVE)
By Business Wire • 01-02-2024

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in The Lovesac Company of Class Action Lawsuit and Upcoming Deadlines- LOVE
By PRNewswire • 01-06-2024

LOVE Investors Have Opportunity to Lead The Lovesac Company Securities Fraud Lawsuit
By PRNewswire • 01-17-2024

LOVESAC INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Lovesac To Contact Him Directly To Discuss Their Options
By PRNewswire • 12-21-2023

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of The Lovesac Company (LOVE) Investors
By Business Wire • 12-27-2023

LOVE INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that The Lovesac Company Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
By Business Wire • 01-01-2024

LOVE INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That The Lovesac Company Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
By Business Wire • 12-20-2023

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in The Lovesac Company of Class Action Lawsuit and Upcoming Deadlines- LOVE
By PRNewswire • 01-14-2024

LOVESAC ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Lovesac Company and Encourages Investors to Contact the Firm
By Business Wire • 12-21-2023

The Lovesac Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Liabilities	Get a 7-Day Free Trial															82.04	96.92	97.34	105.91	106.36

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	80.471	+	17.628
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	-1.4210854715202E-14	+	8.257
	=	106.4

Andrew R Heyer	director, 10 percent owner	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Shawn David Nelson	director, officer: Chief Executive Officer	2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820
Satori Capital, Llc	10 percent owner	2501 N. HARWOOD ST., 20TH FLOOR, DALLAS TX 75201
Keith R. Siegner	officer: EVP and CFO	TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Vineet Mehra	director	330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Sharon M Leite	director	100 PIER 1 PLACE, FT. WORTH TX 76102
Shirley Romig	director	TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Albert Jack Krause	director, officer: President and COO	2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820
Walter Field Mclallen	director	1225 17TH AVE SOUTH, NASHVILLE TN 37212
Mary Fox	director	TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Mistral Equity Partners, Lp	10 percent owner	650 FIFTH AVENUE, 31ST FLOOR, New York NY 10019
Mistral Sac Holdings, Llc	10 percent owner	650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Jared Rubin	director	4300 E. FIFTH AVE., COLUMBUS OH 43219
Sac Acquisition Llc	10 percent owner	700 CANAL STREET, 4TH FLOOR, STAMFORD CT 06902
Donna Dellomo	officer: Executive VP and CFO	35 SAWGRASS DRIVE, SUITE 2, BELLPORT NY 11713